About this blog
This blog explores legal and practical issues that arise in the course of my work as a specialist business partnership law solicitor (lawyer) at Keystone Law in London.
There are posts about:
- business partnership dispute resolution
- new law being made by judges (and old law being reinterpreted and applied to new facts)
- new legislation and regulations, and
- matters to consider when dealing with partnership and LLP documentation and transactions.
Learn more about the work I do
Much of my work consists of advising and assisting clients who are in dispute with their fellow business proprietors, usually involving a partnership, LLP, limited company, and/or joint venture, or who simply need advice concerning their rights and obligations and how best to proceed.
I also prepare or update partnership and LLP documentation such as partnership agreements, LLP members’ agreements, retirement agreements, dissolution agreements and compromise agreements, and assist clients with sales, purchases, mergers and other partnership and LLP transactions.
In the case of Hosking v Marathon Asset Management LLP  EWHC 2418 (Ch) the court had to answer the question, "Whether the share of profits of a partner of a partnership or a member of an LLP, paid out pursuant to and in accordance with a partnership or LLP deed,...read more
"...the father and son fell out, and the father decided to disinherit his son..." A share in a partnership is easy to transfer. It can be transferred by signature of a very short document. It can even be transferred by oral agreement. The assets so transferred can...read more
In Re Newtons Coaches Ltd ( EWHC 3068 (Ch), 29 November 2016) useful guidance has been given by Mr Registrar Jones in the Companies Court as to whether partners of an insolvent partnership may reuse its name in a subsequent business. Being involved in management...read more
"This risks being a cutting off nose to spite face moment" The Chancellor’s Autumn Statement on 23 November 2016 brought unwelcome news for anyone trading through a partnership or LLP, and especially for professional firms. Profit-sharing His statement to the effect,...read more
...Disclosure is necessary for the fair disposal of the claim to save costs... In Destiny Investments (1993) Ltd v TH Holdings Ltd shareholders in a joint venture company have been granted an order requiring auditors to disclose documents to enable a valuation to be...read more
From 6 April 2016 every LLP registered in England and Wales must keep a Register of People with Significant Control (PSC). Failure to do so or to comply with the other requirements of the regulations will be a criminal offence. The significant control information...read more
It has become increasingly common for professional practices to find themselves in the position of having to recover substantial debts owed to the business by their partners or members. Scenarios that sometimes arise are: Members/partners overdraw against low profits,...read more
LLP members might be entitled to protection under the Transfer of Undertakings (Protection of Employment) Regulations 2006 (SI 2006/246) (TUPE). This consideration is at least in part prompted by the outcome of the recent Bates van Winkelhof case in the Supreme Court....read more
On an appeal in the case of Dhillon v Sandhu (2014 WL 5411909) His Honour Judge Hodge QC (sitting as a High Court Judge) has affirmed the application of sanctions imposed by an unless order made by Chief Master Marsh in the course of the taking of a partnership...read more